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and disclosure, the government wants to regulate this. if it is an ad, have to say it is an ad. somehow dennis kneale has a problem with all this. connell: we are happy to give dennis a venue. plus, the cyber threat. we heard it last week, now here it is, issue number one for many ceos. many have met with president on this very issue coming up. first a look at currencies and how they are faring against the dollar today. ♪ [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's jusone reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge
around here. welcome, then this field. dennis: sam stovall for bulls and bears alike. what that signals for the market. melissa: kevin brady joins us with his warning on america's growing debt problem. dennis: president obama black on capitol hill for the third straight day. after rounds of discussions, are we anywhere closer to a budget deal? will dobbs has that story. melissa: carnival having yet another problem with one of its ships. dennis: time for stocks now as we do every 15 minutes. our own nicole petallides is standing by. nicole: we are really seeing another wedding day here on wall street. we got good economic numbers. many of these people are surprised. to see up arrows again and had the eighth consecutive record all-time close for the dow. we are up about 62 points right now. not too far off from our session and all-time highs. some of the names that are helping the dial along our hewlett-packard, chevron and ibm. this is a five-year chart. you can see we are up about 120% off the lows for the dow jones industrials. obviously, now at 14500, much better than 6500. back to yo
throughout the day from california. the business covers with dennis kneale and cheryl casone. they are looking at the gambling business. they will be taking investment questions in this area. go to, send in questions via twitter. the app fox business account. you can do that right now, if you would like. dagen: samsung meantime debuting its newest smart phone, the samsung galaxy s4. connell: shibani joshi got a chance to take a look at it. we talked yesterday about whether or not this is an iphone killer. shibani: i think this can work. the geeks out there, thh phone geeks, just like myself, they were excited about this unveiling. they showcased the brand new smart phone that everybody wanted to see. the samsung galaxy s4. part tablet, part phone. it is now eyes that do the moving. this phone, across the board, being called heavier, dancer, just a clunkier iphone. not too impressed. is this the iphone killer? >> we try to make sure that we do not characterize our device with competitors. we are trying to demonstrate the very unique features of it. shibani: the phone is availa
will the twinkie be back on the shelves? cheryl and dennis know and they have the story at the top of the next hour. take a look at some of the winners today on the nasdaq. ♪ connell: we are back on what we are loosely calling smoke watch for the next two and a half hours or so. we will be paying somewhat attention to the chapel and the chimney above it to see what type of smoke comes out. earlier today it was black smoke indicating there is no new pope to. between now and 215bm eastern time, we should see some more smoke. if we were about to get it in the next few minutes while we are still on, it most likely would be white. they will burn both of the ballots together so that we will only see the smoke rising together. if the first vote was a yes, you would see the white smoke sooner rather than later. dagen: elizabeth macdonald is here to talk about the federal aviation administration approving boeings plan to redesign the batteries in the 787 dreamliner. liz: this story is deeper than the reports are indicating. they will stress test the batteries before they will allow the planes to be put ba
put the law on your side. >> i'm dennis kneale with your fox business brief. the bears clawing their way back on wall street today. the dow falling 25 points to end at a ten-day winning streak and eight straight days of record high closes. s&p 500 also pulling back after nearing a record high of its own. >>> the obama membership straugs reportedly eyeing north carolina democratic congressman mel watt as director of the federal housing agency. dow jones says the white house could make a final decision by next month. fha regulates two mortgage giants the government bailed out, fannie mae and freddie mac. >>> as boeing struggles to ex-if the dreamliner the chief executive just got a 20% raise and a regular lear to filing, the aircraft maker says ceo jim mcinerney's compensation jumped 20% in 2012 to $27.5 million. boeing's stock just hit an all-time high. be happy for him. have a great weekend. that's the latest from fox biz david: as you know nevada is the only state in the u.s. allowing legal prostitution in certain counties. the state makes millions in tax revenues from the bro
documentary aims to knock out the nuclear energy industry but is it a lot of hot water? dennis kucinich and his wife elizabeth are behind it. they're here to explain. it is fascinating. you don't want to miss it. visit the doctor, get free groceries. did you hear about this? did the government okay kick backs to lure medicare patients into the office? you've got to hear this one. more "money" coming up. ♪ . all stations come over to mission a for a final go. this is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. but that doesn't mean i don't want to make money.stor. i love making money. i try to be smart with my investments. i also try to keep my costs down. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prosp
on. neil: you know, the argument goes something like this, denny, enough warnings about bad stuff happening. well, eventually, you'll have bad stuff happening; right? they go back to republicans, sequesteration. >> kneel, it's -- this administration and several of our leaders in congress today always seem to want to find somebody else to blame. if it's george bush, if it's the republicans in congress, if it's sequesteration, this is crazy. i mean, when do we start to realize that you cannot blame somebody for everything that goes wrong and take credit for everything that happens that's positive? that's what this administration is doing. neil: but it's a bigger issue here where there's just no appetite to address spending; right? especially when so many, harry reid included, say we don't have a spending problem. how do you argue? sort of like the alcoholic who doesn't admit he's an alcoholic. you're an alcoholic. >> how can we not have a spending problem? neil: i know. by saying we don't, we acknowledge the severity of it, and at the least, you don't do anything about it p on the p
not sure. i feltment say way with dennis rodman's interview. the idea there is no crisis there is obviously a disconnect. the there is a crisis. the president keeps saying if we don't figure out how to shuffle out trillion necessary u.s. economy and fight global warming because it gets one degrees warmer in the next hundred yearings. the clock never stops moving and it is an immediate crisis and high suld be honest about that. >> dagen, he saying in and of itself, the balanced budget is not the goal. it is getting to that, but not at the expense of bla, blarks. >> and in saying that and spending not being a problem and hearing henry reid saying don't touch entitlementings and nancy pelo saying don't raise the retirement age and sh allings id we don't have a spending problem . i put it together. >> right. my fave rilt little, to the president was hundred billion in new infrastructure spending that is in the budget . they are freely raising new revenue through taxes in this budget. it is like one and half trillion dollars in tax revenue . that is on top. 600 billion in higher taxes this yearn
companies are ready to jump in. dennis kneale on the push for online wagering next. ♪ . all stations come over to mission a for a final go. this is for real this time. step seven pointtwo one. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. >> good afternoon, everyone, i'm sandra smith with your fox business brief. it is a bearish day on wall street, putting the dow's 10-session run in jeopardy. the s&p 500 is also backing off from its near record closing high. even as the point gone faces budget cuts and forced employee furloughs the department spends nearly a billion dollars a year on unemployment benefits for former troops who left the military voluntarily. eligibility for military compensation requires only that a person serves in uniform and was honorably discharged. >>> if you didn't bother filing a federal tax return for 2009 you could be missing out. the irs says it will claim $917 million in uncl
us all-star panel of guests. we have former mike duggar and dennis kucinich. we have tracy byrnes and charles payne here in the studio. nicole petallides at new york stock exchange. and we have jeff flock at the cme. wow, that is a lot of people. michael cox, give me your reaction to the economic forecast and to the decision? >> i still think they're forecasting growth a little too high. if you look the growth is 1.4%. doesn't see any reason for pickup from there. i'm most worried about the bubble that the fed is creating in assets or the stock market. the stock market, any rational pricing of stocks, level. dow depends on gdp growth, it depends on interest rates and depends on the tax rate. interest rates have nowhere to go but up. and by my calculations each one percentage point increase inside 10-year treasury note rate will cause a nine to 10% decline in the stock market. so the present discounted value of expected future returns goes down when interest rates go up. i think is the fed is painting us into a corner and themselves into a corner with historically low interest rate
just say that? huh-- what is he doing? >> i'm dennis kneale with your fox business brief. this just in, turns out stocks can't go up forever. the blue chips on track to end a 10-day win streak and eight straight days of record high closes for the dow. the s&p 500 also pulling back after almost hitting a record high there. retail sales for new video games fell again in february adding to more than a year of declines. researcher npd group says sales of video game hardware, soft wear accessories dropped 25% in february from a year ago. worst hit was the hardware sector. customers waiting for the sony playstation 4 and a lot of gamers are moving online with no console at all. and to it ya recalling 310,000fj cruiser sport utility vehicles worldwide. front seat belt retractors could fall off, years 2007-302013. the japanese automaker says no accidents or injuries have been reported. toyota will notify owners by mail. now we continue our "countdown to the closing bell" with the fabulous cheryl casone. finish. cheryl: oh, dennis. all right, two once-dominant internet names are seeing their pr
.com. >> i am dennis kneale with your fox business brief. philip morris international names andre as the company's new chief executive. he will replace the current ceo who will remain as chairman following the company's annual shareholders meeting on may 8th. >>> apple's ceo tim cook will testify in the government lawsuit against the tech giant over alleged price fixing in the ebook market. a district court judge granting the justice department's request compelling cook to testify. >>> shares of silver spring networks are soaring in their wall street debut. the energy company opened at $22 a share on the new york stock exchange. 29% above the ipo price. silver spring works with utility companies to create what is known as smart grids that help lower costs and increase efficiency. that is the latest from fox business, giving you the power to prosper lori: where is meredith whitney, remember her? she is promising a ratings agencies. nowhere according to securities & exchange commission. fox business senior correspondent charlie gasparino with the story. >> we should point out a lot
like any other business. john: she works at shibani ranch, one of 28 legal brothels of america. dennis officer boss. you are up camp. you are exporting these women. >> and not apparent. i have a license to do this. john: you are licensed dump. 500 women choose to rent out there bodies at his probable. john: you plan you're having fun. >> oh, yeah. john: being bought, sold. >> do you have fun when you have sex? >> but are sold. crying in kicking and screaming when the transaction happened. redoing that? no. john: wait a second. don't you feel demeaned? >> not at all. john: the u.s. state department called the active selling sex for money inherently demeaning. >> sex is supposed to be spontaneous. >> according to home? who made the sex laws? john: just for money. >> a model for money. is the same thing. john: sex is different. sex is more intimate. >> your still showing a body or a sporting yourself. i choose to do this. this is what i want to do. john: i assume you have no other options. >> i have several options. before i did this i had a nice, paying job. john: what you do this? >> be
. gerri: a better conversation, dennis rodman, they like celebrities, but does it do anything that is worth while at the end of the day. you said yourselves, you didn't get anywhere of hold back development of your nuclear bomb, could it do more harm than good. >> hundreds of north koreas listened to eric talk about the internet, we penetrate tad country, that population, that we never did. it was eric, google, you know i was just another politician. gerri: i do want to talk to you about china before you go. how do we engage with them? do we need a charm ofoxiv offeny american ceos, we've had huge interact between corporate america and china. how do we have the right kind of engagement with them. >> china i is a strategic competitor of ours, we need china to lean on north korea for them to stop detonating nuclear weapons, china doesn't want to do it but they help a little bit. we have a lot of important trade relations, commercial with china. we have to get along with them. gerri: to me, it seems, their ownership of our debt gives them leverage that we otherwise would no want
hours of basketball at work. wht tournament is on. i don't know. what do you think? dennis, are you in your office sitting there watching march madness? >> you know, i'm too busy keeping my polings on the market to think about that. >> you lia
are frighten and angry and protesting. dennis's parents were born in cyprus. my parents were born in cyprus's as well. we'll follow this issue is really not about cyprus but about the whole globe as well. >> obviously. that's the whole point. >> thank you, dennis. >> thank you, nicole. >> a key issue and we'll follow the russian story as well. lori: thank you, nicole, for sharing your story. didn't know your folks are from cyprus. melissa: since his election in 2002, the new york city mayor michael bloomberg has initiated a number of health proposals. now he is proposing to ban cigarettes from being displayed in his stores. they're hiding cigarettes. is that going to prevent people from smoking or is this another instance of mayor bloomberg's big government meddling? let's get the verdict from judge napolitano. andrew napolitano. >> i'm chuckling a little bit. this follows nicely from nicole's wonderful interview with the trade representative from cyprus. the same mentality it can just steal 10% of what you have in your bank account, thinks it can tell you how to live and take care of your
to the cyprus bailout president was dennis. he's the former cyprus trade representative to the u.s. and current vice chairman of the cyprus u.s. chamber of commerce. that is coming up in the 1:00 p.m. eastern time hour of "markets now." bracing for a retirement crisis. workers saving far too little. we'll have that story for you. and tax pain. the rich paying a big chunk of the federal pie. just how much and is it fair? curtis dubay, heritage foundation senior tax analyst will be joining me as we bring you part two of a week long series, tax pain. >> 30 past the hour. stocks every 15 # minutes issue and nicole is watching energy names. those names are red today. nicole? >> i'm going to show you the energy index, down there while gold, for example, is higher. mostly going to gring you to transocean to show you that it's one of the losers here, and we've seen all of these energy names with down arrows, but we're walking here to transocean, which, right now, is down 1.8%. you can see it there. that's certainly one of the laggards. we are seeing energy names under pressure, and a lot of the other n
Search Results 0 to 21 of about 22 (some duplicates have been removed)